Vice President Kamala Harris's proposal to increase the small business startup tax deduction by tenfold could boost growth — ...

What Is The Current Small Business Tax Deduction? Small businesses can use the $5,000 deduction and then spread remaining ...

The IRS has previously backed the idea of ending the credit early, with its leadership repeatedly calling on Congress to take ...

A new standard deduction for small businesses that would supplement the existing standard deduction available to all tax ...

The QBI is set to expire at the end of 2025, which could raise the tax liability for thousands of small businesses. Here's ...

Harris unveiled new small-business tax proposals last week aimed at reducing the cost burden related to starting a new ...

A 2024 survey by the National Federation of Independent Business found 59% of small-business owners said eliminating the ...

Maine will issue its first corporate tax transparency report in January. Maine Revenue Services will provide the state legislature with a corporate tax revenue report on Jan. 31, ...

In fact, the Maryland General Assembly has been considering tax changes that would benefit small businesses by finally leveling the playing field here and making sure big corporations pay their fair ...

Charlie Field’s family of funeral directors have operated across London and the southeast of England for the last 330 years.

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost ...

It is set to expire at the end of 2025. If the deduction is allowed to expire, it could mean higher tax bills for small businesses. In 2017, Congress passed the Tax Cuts and Job Act (TCJA), which ...